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Are there any fees or limitations when buying Bitcoin Cash with a credit card?

avatarMoos QuinnDec 26, 2021 · 3 years ago3 answers

What are the fees and limitations associated with purchasing Bitcoin Cash using a credit card?

Are there any fees or limitations when buying Bitcoin Cash with a credit card?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When buying Bitcoin Cash with a credit card, there may be fees and limitations imposed by the exchange or platform you are using. Some exchanges charge a percentage-based fee on the transaction amount, while others may have a fixed fee. Additionally, there might be a minimum or maximum purchase limit when using a credit card. It is important to check the terms and conditions of the exchange or platform before making a purchase to understand the fees and limitations involved.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees and limitations when buying Bitcoin Cash with a credit card. The fees can vary depending on the exchange or platform you use. Some exchanges charge higher fees for credit card purchases compared to other payment methods. As for limitations, there might be a maximum amount you can purchase with a credit card or a daily limit. It is advisable to compare different exchanges and platforms to find the one that offers the most favorable fees and limitations for your needs.
  • avatarDec 26, 2021 · 3 years ago
    When purchasing Bitcoin Cash with a credit card, it is important to consider the fees and limitations associated with the transaction. Different exchanges and platforms may have varying fee structures and limitations. For example, some exchanges may charge a higher fee for credit card transactions compared to bank transfers. Additionally, there might be a maximum purchase limit or a daily limit on credit card transactions. It is recommended to research and compare different options to find the most cost-effective and convenient way to buy Bitcoin Cash with a credit card.